Aid and development
National reconciliation key in Myanmar’s development: ADB
While most of the Japanese people are enjoying five days of Golden Week holidays, areas around Pacifico Yokohama have been busy with people from around the world on business. More than 3000 people from across the globe have been busy attending seminars and meetings on ...
After 50 years, Asian Development Bank looks ahead
The Asian Development Bank set out its strategy for the next decade during the launch of its 50th annual meeting in Japan over the weekend, while also recognising the challenges that remain for the 300 million people still living in poverty in Asia. Addressing the ...
Users’ services feeling USAID cut
Taing Phoeuk, the Khmer-American director of Korsang, glumly brushed the ash from his cigarette on a restaurant balcony overlooking Sihanouk Boulevard. “It’s going to kill us,” he said, contemplating the prospect of his organisation’s demise as its USAID funding evaporates. Founded in 2004 by American ...
No immediate plan to change returnee policy
Despite the Foreign Ministry reiterating its request to suspend and renegotiate its repatriation agreement with the US – which allows for the deportation of Cambodians with criminal convictions living in the States back to the Kingdom – the timetable for such a plan remains uncertain. ...
KOICA pledges US$5m for skill development in Laos
The Korea International Cooperation Agency will provide grant aid of over 40 billion kip (US$ 5 million) to facilitate skills development in Laos. The funding is in support of the Project for Improvement of Lao-Korea Institute for Skills Development from 2017 to 2020. A signing ...
Document suggests US aid cuts
A document purported to have come from the US State Department appears to show plans to slash US development assistance to the Kingdom down to zero, a move observers said yesterday would further weaken the US’s standing in the country, allowing for China to cement ...
ADB commits assistance to Laos’ development goals
Infrastructure development for transportation connectivity, telecommunications, along with the power, education and health sectors will all be the focus of Asian Development Bank in its continuous assistance to Laos in upcoming years. Director General for ADB’s Southeast Asia Department James Nugent disseminated this plan in ...
Tender to be called for highway upgrading
The Ministry of Construction will call for international firms to tender for upgrading works on a 40-mile section of the Yangon-Nay Pyi Taw-Mandalay Highway starting at Yangon, the ministry’s Permanent Secretary U Kyaw Lin said on April 10. The upgrading works, which will use an ...
World Bank to loan $100 million to Myanmar financial development project
World Bank and government representatives recently signed an agreement for a US$100 million (K134.9 billion) World Bank loan to the Myanmar Financial Development Project in mid-April. The representatives signed the loan for SDR71.700 million, which equals US$100 million, from the World Bank with low interest. Ulrich ...
Government postpones meet with US on demining
The Cambodia Mine Action and Victims Assistance Authority has abruptly postponed a UN- and US-supported conference scheduled for next Monday. The conference to present of the Draft National Mine Action Strategy 2017-2025 was set to take place at Phnom Penh’s Sunway Hotel. The postponement follows ...
